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Europe's Energy Crisis: How Bad and How Long?

Ones and Tooze

CHAPTER

Do You Think We're at a Moment of Near-Permanent Decoupling?

You predicted in one of our podcasts at the beginning of the Ukrainian War that it was probably only a matter of time until Nord Stream 2, the gas pipeline between Russia and Germany, before that was back in use. You described it as too great a financial investment to simply abandon on either side. And now the pipeline has been the object of sabotage with plenty of people believing that Russia was the likely culprit. Do you think the West is now in fact at a moment of kind of near-permanent decoupling from Russia? If so, do you think that's sunk in yet across Germany and elsewhere in Europe? I guess more generally, does this represent in some ways more stark decou

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